Gold $1,794.25
Silver $22.79
Copper $3.41
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  • CESAR Copper Silver

    Colombia: Rich & Attractive Mining

    • CESAR is located in NE Colombia along the Andean belt, the worlds largest copper producing belt
    • New President is pro business, mining and investment
    • Elephant hunting for the next Kupferschiefer, world’s #6 copper and the worlds #1 silver producer
    • Majors with a presence in Cesar State:

    Excellent Infrastructure

    Major Mining Presence

    • Anglo-BHP-Xstrata: operate South America’s largest coal mine: Cerrejon
    • Glencore
    • Drummond
    • Chevron

    Infastructure

    • Major Towns
    • Sea Port, Airport, Rail
    • Hydroelectric Power
    • Road Access to Site

    Copper + Silver Exposure

    First Discovered in late 2019, has already attracted 2 Majors

    The wholly owned* CESAR property is located along the Andean Belt, the worlds #1 producing copper belt, 420-km north of Bogota, NE Colombia. The 40-km long CESAR target zone lies nearby major infrastructure and mining operations (BHP, XStrata, Anglo American). CESAR is very similar to Kupferschiefer, the worlds #6 copper and #1 silver producer. The 11-km AM NORTH zone is open in all directions with highlight values of 34.4% copper + 305 g/t silver across 0.5-metre continuous horizon. The 4 x 3-km AM SOUTH zone is 40-km SWW of AM North and is open in all directions, with highlight values of 5.8% copper + 80 g/t silver from 0.1 to 25-metre horizon intervals. MAX aims to continue to expand the CESAR to Kupferschiefer footprint comparison.

    *Subject 15% Profit Share of Product. Max has exclusive first right to buy.

    Kupferschiefer Similarities

    Kupferschiefer: worlds #6 copper + #1 silver producer: 1.5% copper + 49g/t silver mining from 500m depth with 2-metre mining width; mineralization spread over 300sq.km

    CESAR target: 1.0% copper + 20 g/t silver mineralization at surface; 300sq.km mineralization target

    CESAR: proven Kupferschiefer exploration model:

    • Continuous mineralized horizon, dips gently to NW, outcrops on hillsides and in creeks
    • Identify very large surface footprint target of 300sq.km
    • Logging and XRF of oil/gas drill hole core/chips for the presence of copper
    • Interpretation of seismic data over an area of 40-km by 20-km

    Comparing CESAR and KUPFERSCHIEFER

    CESAR KUPFERSCHIEFER
    Lithology Sediment hosted Sediment hosted
    Mineralogy Copper oxides, Chalcocite, Covellite, Native Copper Chalcocite, Covellite, Bornite, Chalcopyrite
    Depth Mineralization Cropping on Surface Mineralization starts at 500-metre depth
    Mining is done at depth below 700-metre
    Dimensions AM North - Herradura: 4 x 2 km
    AM North – Ventana: 3 x 2 km
    AM South - Molino: 3 x 4 km
    All 3 areas potentially connect forming over 40 km long and minimum 5 km wide (and open down dip) mineralized horizon
    15 x 20 km (approx.)
    Grade Target; Bulk tonnage, grades of 1.0% copper + 20 g/t silver
    Highlights: 43.4% copper and 305 g/t silver (AM North)
    Highlights: 5.8% copper and 80 g/t silver (AM South)
    Bulk tonnage,1.49% copper and 48.6 g/t silver
    Thickness 0.1 to over 5.0-metre 0.5 – 5.5-metre (mineable width 2-metre)
    Mineralogy Copper oxides, Chalcocite, Covellite, Native Copper Chalcocite, Covellite, Bornite, Chalcopyrite
    Mining Method Open pit followed by underground accessed by ramps Underground via shafts
    Metallurgy Not done, copper & silver extraction via flotation process Flotation

    Newly Discovered AM North

    Size: 11-km stratabound Copper-Silver mineralized zone

    AM North Discovery: Herradura and Ventana, 11-kms apart

    Herradura Zone: stratabound copper + silver mineralization open in all directions located at the northern end of an 11-km zone, highlight grades at various intervals: 4 to 34.4% copper and 28 to 305 g/t silver

    Ventana Zone: located at the southern end of the same mineralized zone. Stratabound, only 3 x 1.8 -km mapped, open in all directions, highlight grades of 2.1 to 4.6% copper and 7 to 22 g/t silver

    High-Grade Copper-Silver Component

    “Herradura Discovery” open in all directions, returning highlight values of 24.8% copper + 230 g/t silver continuous 4-metre by 1-metre outcrop and 34.4% copper + 305 g/t across 0.5-metre

    Bulk samples 1.8-km apart returned 9.4% copper + 79 g/t silver and 3.5 % copper + 29 g/t silver

    Major Discoveries at AM SOUTH

    • AM SOUTH, 40-km SW along the same mineralized trend as AM NORTH
    • AM SOUTH horizons exceed 5.8-km of strike length, highlight values of 5.8% copper and 80 g/t silver from 0.1 to 25-metre horizon intervals
    • EDS Analysis by AGH identified silver bearing chalcocite

    Stratabound Copper-Silver Mineralization:

    • AM-1 was followed for 2.4 kilometres
    • AM-2 was followed for 1.1 kilometres
    • AM-3 was followed for 3.1 kilometres
    • Open along strike and down dip

    Attracting World Class Groups

    • Max has entered into a non-binding collaboration CA on CESAR with one of the world’s leading copper producers
    • Consulting AG with Fathom Geophysics
    • Recently entered into a non-exclusive CA with a Global Miner in respect to the CESAR copper-silver projects
    • Ongoing studies with the University of Science and Technology (AGH) Krakow, Poland, who have a long history of co-operation with KGHM, Europe’s largest copper producer and the world’s largest silver producer
    • Geológica Universidad Nacional de Colombia in Medellín are conducting on-going structural studies of CESAR

    Exploration Awaiting Results & Activities in Q4

    • Focus on district scale landholding expansion
    • Awaiting AM North and AM South assay results
    • Initial Fathom technical study results due
    • AGH geochemical and metallurgical programs are ongoing
    • Significant step of digitizing the available historic seismic data is underway
    • First phase logging of the historic oil/gas drill core/chips, second phase of successfully identifying copper may be a game changer
    • November/December field exploration programs

    Max cautions investors the presence of stratabound copper-silver mineralization at Kupferschiefer is not necessarily indicative of similar mineralization at Cesar.